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Recovery efforts briefly made a show.....>

DOLLAR-YEN: Recovery efforts briefly made a show back above Y106.00, before
fresh sellers emerged with a reversal to the Y105.80/85 area. Strong demand
remains on approach to Y105.50 (Y105.55 - Asia low). Eur/Usd and Gbp/Usd have
drifted off their respective Asia/Europe highs to hold $1.2533/$1.4130. Next up
on the calendar sees the release of UK Retail Sales at 0930GMT.  

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